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Patrick Stelmach
CBRE Inc.
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HIGH-DENSITY INFILL DEVELOPMENT SITE IN DOWNTOWN SACRAMENTO. 7E is 14,728 square feet / .388 acre of land centrally located on northeast corner 7th St & E St. Four (4) parcels in the City of Sacramento are prime development opportunity with many viable options: multifamily apartments, mixed-use project, or single family for sale subdivision. There is a possible assemblage opportunity with available sites nearby. Under the new General Plan, the Property has been upzoned to Residential Mixed Use (RMU) and Maximum Floor Area Ratio (FAR) of 15, allowing for a building area 15 times the lot area, equates to 220,920 SF. Highly desirable, historic Alkali Flat residential neighborhood is the ideal setting for development. The Property is walking distance to dining, shopping, entertainment, and transit. In the epicenter of Downtown, it is just steps away to The Railyards master planned development, including recently completed Wong Center Apartments, The A.J. Luxury Aparments, Golden1 Center (GO KINGS!), Downtown Commons (DOCO), K Street nightlife, Amtrak Station, and the new proposed Kaiser Hospital underway. The Property provides walkability to most of the urban core, without sacrificing ancillary parking options, privacy, or noise. Make your mark on Downtown!
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Sewer: Public Sewer
Water Source: Public
City Street
Lot Description: Public Trans Nearby,Security Gate,Flag,Sidewalk(s),Storm Drain(s),Street Light(s)
Lot Square Feet: 14,728
Topography: Level
Property Type: Land
Sub Type: Residential Lot
Cross Street: 7th Street
Source Neighborhood: 10814
Postal Code Plus 4: 1208
Area: Sacramento S: 95814
Zoning: Residential,Single-Family,Mixed,Multi-Residential
Irrigation Source: Public
Listing Id: 224032037
List Price: $1,000,000
Parcel Number: 002-0105-013
Association YN : No
Calculated Total Monthly Association Fees : $0
Elementary School District: Sacramento Unified
Junior High School District: Sacramento Unified
Senior High School District: Sacramento Unified
Public
Direction: North on 8th Street, left on E Street
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
N Street #703, Sacramento, CA,95814 | $560,000 | 2 | 2 | 1,261 | -- |
10th Street, Sacramento, CA,95814 | $1,700,000 | 13 | 4 | 3,300 | -- |
N Street #1407, Sacramento, CA,95814 | $645,000 | 2 | 2 | 1,261 | -- |
N Street #1501, Sacramento, CA,95814 | $780,000 | 3 | 2 | 1,683 | -- |
Democracy Alley #301, Sacramento, CA,95814 | $649,000 | 3 | 3 | 1,617 | -- |
14th Street, Sacramento, CA,95814 | $1,000,000 | -- | -- | -- | -- |
10th Street, Sacramento, CA,95814 | $1,700,000 | -- | -- | -- | -- |
1323 G Street, Sacramento, CA,95814 | $2,400,000 | -- | -- | -- | -- |
G Street, Sacramento, CA,95814 | $1,499,000 | -- | -- | -- | -- |
1507 F Street, Sacramento, CA,95814 | $825,000 | -- | -- | -- | -- |
ByOwner last updated this listing 05/10/2024 @ 16:30
MLS: 224032037
LISTED BY: Patrick Stelmach, CBRE Inc.
SOURCE: MLS Metrolist
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.